Henan Yuguang Gold & Lead Co Ltd (600531) - Net Assets

Latest as of March 2026: CN¥7.10 Billion CNY ≈ $1.04 Billion USD

Based on the latest financial reports, Henan Yuguang Gold & Lead Co Ltd (600531) has net assets worth CN¥7.10 Billion CNY (≈ $1.04 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥25.71 Billion ≈ $3.76 Billion USD) and total liabilities (CN¥18.61 Billion ≈ $2.72 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 600531 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.10 Billion
% of Total Assets	27.63%
Annual Growth Rate	16.25%
5-Year Change	60.94%
10-Year Change	111.27%
Growth Volatility	42.27

Henan Yuguang Gold & Lead Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Henan Yuguang Gold & Lead Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600531 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Henan Yuguang Gold & Lead Co Ltd (2000–2025)

The table below shows the annual net assets of Henan Yuguang Gold & Lead Co Ltd from 2000 to 2025. For live valuation and market cap data, see 600531 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥6.54 Billion ≈ $957.32 Million	+18.75%
2024-12-31	CN¥5.51 Billion ≈ $806.16 Million	+14.24%
2023-12-31	CN¥4.82 Billion ≈ $705.68 Million	+10.66%
2022-12-31	CN¥4.36 Billion ≈ $637.69 Million	+7.21%
2021-12-31	CN¥4.06 Billion ≈ $594.82 Million	+8.40%
2020-12-31	CN¥3.75 Billion ≈ $548.73 Million	+8.36%
2019-12-31	CN¥3.46 Billion ≈ $506.37 Million	+5.06%
2018-12-31	CN¥3.29 Billion ≈ $481.96 Million	+0.94%
2017-12-31	CN¥3.26 Billion ≈ $477.46 Million	+5.37%
2016-12-31	CN¥3.10 Billion ≈ $453.12 Million	+115.50%
2015-12-31	CN¥1.44 Billion ≈ $210.26 Million	+0.17%
2014-12-31	CN¥1.43 Billion ≈ $209.91 Million	+1.09%
2013-12-31	CN¥1.42 Billion ≈ $207.64 Million	-26.51%
2012-12-31	CN¥1.93 Billion ≈ $282.53 Million	+3.49%
2011-12-31	CN¥1.87 Billion ≈ $273.00 Million	+3.33%
2010-12-31	CN¥1.81 Billion ≈ $264.20 Million	+73.74%
2009-12-31	CN¥1.04 Billion ≈ $152.07 Million	+9.12%
2008-12-31	CN¥952.30 Million ≈ $139.35 Million	+1.67%
2007-12-31	CN¥936.70 Million ≈ $137.07 Million	+15.63%
2006-12-31	CN¥810.08 Million ≈ $118.54 Million	+14.67%
2005-12-31	CN¥706.45 Million ≈ $103.38 Million	+8.64%
2004-12-31	CN¥650.29 Million ≈ $95.16 Million	+12.86%
2003-12-31	CN¥576.21 Million ≈ $84.32 Million	+11.27%
2002-12-31	CN¥517.86 Million ≈ $75.78 Million	+184.69%
2001-12-31	CN¥181.91 Million ≈ $26.62 Million	+19.85%
2000-12-31	CN¥151.78 Million ≈ $22.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Henan Yuguang Gold & Lead Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 297994710281.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥2.98 Billion	45.55%
Other Components	CN¥3.56 Billion	54.45%
Total Equity	CN¥6.54 Billion	100.00%

Henan Yuguang Gold & Lead Co Ltd Competitors by Market Cap

The table below lists competitors of Henan Yuguang Gold & Lead Co Ltd ranked by their market capitalization.

Company	Market Cap
BRP Inc TO:DOO	$2.38 Billion
Guangxi Liugong Machinery Co Ltd SHE:000528	$2.38 Billion
Titan Wind Energy Suzhou SHE:002531	$2.38 Billion
China Kings Resources Group Co SHG:603505	$2.39 Billion
Cecep Environmental Protection Equipment Co Ltd SHE:300140	$2.38 Billion
GRIPM Advanced Materials Co. Ltd. A SHG:688456	$2.38 Billion
MOBVISTA INC. DL-01 F:6MO	$2.38 Billion
Hunan Boyun New Materials Co Ltd SHE:002297	$2.38 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Henan Yuguang Gold & Lead Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,508,522,542 to 6,541,755,013, a change of 1,033,232,471 (18.8%).
Net income of 860,092,192 contributed positively to equity growth.
Dividend payments of 551,450,775 reduced retained earnings.
Other comprehensive income decreased equity by 496,739,032.
Other factors increased equity by 1,221,330,085.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥860.09 Million	+13.15%
Dividends Paid	CN¥551.45 Million	-8.43%
Other Comprehensive Income	CN¥-496.74 Million	-7.59%
Other Changes	CN¥1.22 Billion	+18.67%
Total Change	CN¥-	18.76%

Book Value vs Market Value Analysis

This analysis compares Henan Yuguang Gold & Lead Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.49x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 76.29x to 2.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CN¥0.18	CN¥13.46	x
2001-12-31	CN¥0.21	CN¥13.46	x
2002-12-31	CN¥0.60	CN¥13.46	x
2003-12-31	CN¥0.67	CN¥13.46	x
2004-12-31	CN¥0.76	CN¥13.46	x
2005-12-31	CN¥0.82	CN¥13.46	x
2006-12-31	CN¥0.97	CN¥13.46	x
2007-12-31	CN¥1.14	CN¥13.46	x
2008-12-31	CN¥1.15	CN¥13.46	x
2009-12-31	CN¥1.24	CN¥13.46	x
2010-12-31	CN¥2.17	CN¥13.46	x
2011-12-31	CN¥2.09	CN¥13.46	x
2012-12-31	CN¥2.06	CN¥13.46	x
2013-12-31	CN¥1.52	CN¥13.46	x
2014-12-31	CN¥1.55	CN¥13.46	x
2015-12-31	CN¥1.09	CN¥13.46	x
2016-12-31	CN¥3.43	CN¥13.46	x
2017-12-31	CN¥3.02	CN¥13.46	x
2018-12-31	CN¥3.00	CN¥13.46	x
2019-12-31	CN¥3.17	CN¥13.46	x
2020-12-31	CN¥3.44	CN¥13.46	x
2021-12-31	CN¥3.73	CN¥13.46	x
2022-12-31	CN¥4.00	CN¥13.46	x
2023-12-31	CN¥4.40	CN¥13.46	x
2024-12-31	CN¥4.57	CN¥13.46	x
2025-12-31	CN¥5.41	CN¥13.46	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henan Yuguang Gold & Lead Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 13.15%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.74%
• Asset Turnover: 2.10x
• Equity Multiplier: 3.61x
Recent ROE (13.15%) is above the historical average (7.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	17.07%	5.90%	0.99x	2.91x	CN¥10.73 Million
2001	16.56%	4.03%	1.50x	2.74x	CN¥11.94 Million
2002	6.49%	3.34%	1.04x	1.87x	CN¥-18.17 Million
2003	10.13%	4.22%	1.26x	1.91x	CN¥732.45K
2004	14.90%	4.08%	1.57x	2.33x	CN¥31.87 Million
2005	12.34%	3.02%	1.45x	2.82x	CN¥16.41 Million
2006	17.55%	3.09%	2.00x	2.85x	CN¥61.13 Million
2007	16.95%	2.21%	2.30x	3.33x	CN¥65.09 Million
2008	6.43%	0.80%	2.40x	3.33x	CN¥-33.98 Million
2009	9.93%	1.62%	1.84x	3.33x	CN¥-722.21K
2010	8.56%	1.84%	1.44x	3.22x	CN¥-25.79 Million
2011	4.78%	0.75%	1.70x	3.72x	CN¥-96.16 Million
2012	2.58%	0.39%	1.69x	3.93x	CN¥-139.20 Million
2013	-37.15%	-4.42%	1.40x	6.01x	CN¥-632.88 Million
2014	1.73%	0.26%	1.01x	6.46x	CN¥-112.42 Million
2015	0.92%	0.11%	1.48x	5.44x	CN¥-124.12 Million
2016	5.84%	1.30%	1.20x	3.73x	CN¥-125.81 Million
2017	8.93%	1.67%	1.61x	3.33x	CN¥-34.97 Million
2018	4.00%	0.68%	1.79x	3.28x	CN¥-197.52 Million
2019	6.26%	1.18%	1.69x	3.14x	CN¥-129.32 Million
2020	8.34%	1.54%	1.68x	3.22x	CN¥-62.16 Million
2021	9.84%	1.49%	2.01x	3.30x	CN¥-6.43 Million
2022	9.75%	1.57%	1.96x	3.17x	CN¥-10.74 Million
2023	12.05%	1.81%	2.17x	3.07x	CN¥98.99 Million
2024	14.65%	2.05%	2.23x	3.20x	CN¥256.33 Million
2025	13.15%	1.74%	2.10x	3.61x	CN¥205.92 Million

Industry Comparison

This section compares Henan Yuguang Gold & Lead Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $1,816,103,229
Average return on equity (ROE) among peers: 8.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Henan Yuguang Gold & Lead Co Ltd (600531)	CN¥7.10 Billion	17.07%	2.62x	$2.38 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060)	$3.76 Billion	32.01%	1.11x	$4.96 Billion
Inner Mongolia Xingye Mining Co Ltd (000426)	$1.35 Billion	1.76%	0.93x	$10.28 Billion
Shengda Mining Co Ltd (000603)	$3.54 Billion	10.31%	0.52x	$2.66 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629)	$4.41 Billion	10.92%	0.64x	$4.35 Billion
China Tungsten and Hightech Materials Co Ltd (000657)	$227.78 Million	16.91%	0.96x	$32.84 Billion
Guocheng Mining Co Ltd (000688)	$235.99 Million	13.55%	1.14x	$6.57 Billion
Huludao Zinc Industry Co Ltd (000751)	$2.63 Billion	7.71%	0.74x	$1.22 Billion
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758)	$940.73 Million	-14.99%	0.42x	$2.05 Billion
Tibet Mineral Development Co Ltd (000762)	$525.07 Million	0.19%	0.44x	$2.30 Billion
Innuovo Technology Co Ltd Class A (000795)	$544.22 Million	9.15%	0.61x	$1.63 Billion

About Henan Yuguang Gold & Lead Co Ltd

SHG:600531 China Other Industrial Metals & Mining

Market Cap

$2.38 Billion

CN¥16.28 Billion CNY

Market Cap Rank

#5752 Global

#1154 in China

Share Price

CN¥13.46

Change (1 day)

+0.22%

52-Week Range

CN¥7.36 - CN¥24.79

All Time High

CN¥24.79